Cyberattacks on Municipalities Have Reportedly Cost Taxpayers a $379M Since 2020

 

The municipality of WestLake-Gladstone in Manitoba suffered a loss of over $450,000 as a result of a series of cyberattacks in December 2019 after one of its employees opened a malicious link in a phoney email. 
Saint John, New Brunswick spent $2.9 million in November 2020 updating its website after scammers gained access to the network of the municipality. In January 2021, numerous gigabytes of private information were stolen and ransomed in Durham Region, Ontario. Wasaga Beach, Ont., Midland, Ont., Stratford, and other communities have all been the target of cyberattacks in the previous four years, to name a few. Scams and fraud increased by 130% between 2020 and 2021, costing Canadians an estimated $379 million, according to the Canadian Anti-Fraud Centre (CAFC).
“Municipalities are a very good target for bad guys,” says Ali Ghorbani, a cyber security professor at the University of New Brunswick and the director of the Canadian Institute for Cyber Security.
As per Ghorbani, municipalities are appealing since they deal with financial resources that are far larger than those of an individual and frequently top millions of dollars. Through services like bylaw, permitting, and others, they also store the private information of residents. Ransomware is the most typical form of assault, according to Ghorbani. Through social engineering, which entails tricking someone into doing somet

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